Zheng Tong Electronics Actual Controller Completes Pledge Release of 25 Million Shares and Re-pledges Them; Cumulative Pledge Ratio Reaches 42.80%

MaticHoleFiller · 2026-03-16T11:25:41+00:00

Shenzhen Zheng Tong Electronics announced information that actual controller Zeng Shengqiang has released a pledge of 25 million shares and re-pledged them to Shen Dan Credit Enhancement, affecting 4.07% of shares. As of the announcement date, Zeng Shengqiang and persons acting in concert hold 25.31% of shares, with 42.80% pledged. The company is operating normally and pledge risks are controllable.

MaticHoleFiller

2026-03-16 11:25:41

Abstract generation in progress

On March 12, Shenzhen Zengtong Electronics (Rights Protection) Co., Ltd. (stock abbreviation: Zengtong Electronics, stock code: 002197) announced that the company’s actual controller, Mr. Zeng Shengqiang, recently handled the release and re-pledge of shares, involving 25 million shares, accounting for 4.07% of the company’s total share capital.

Details of Share Pledge and Unpledge

The announcement shows that Mr. Zeng Shengqiang解除在深圳担保集团有限公司的2500万股股份质押，质押起始于2024年4月24日。同日，他将上述2500万股股份再次质押给深圳市深担增信融资担保有限公司，质押起始日为2026年3月10日，质押用途为“个人资金需求”，质押到期日为“办理解除质押登记为止”。

Shareholder Name	Is it a controlling shareholder or a concerted party?	Number of shares released from pledge (shares)	Percentage of shares held by the shareholder	Percentage of total share capital of the company	Pledge start date	Unpledge date	Pledgee
Zeng Shengqiang	Yes	25,000,000	23.88%	4.07%	April 24, 2024	March 12, 2026	Shenzhen Guarantee Group Co., Ltd.

Shareholder Name	Is it a controlling shareholder or a concerted party?	Number of pledged shares (shares)	Percentage of shares held by the shareholder	Percentage of total share capital of the company	Pledge start date	Pledge purpose	Pledgee
Zeng Shengqiang	Yes	25,000,000	23.88%	4.07%	March 10, 2026	Personal funding needs	Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd.

Cumulative Pledge Situation

As of the disclosure date, Mr. Zeng Shengqiang and his concerted action partners held a total of 155,480,816 shares, accounting for 25.31% of the company’s total share capital. Among them, the total pledged shares amounted to 66,550,000, representing 42.80% of their total holdings and 10.83% of the company’s total share capital. Details are as follows:

Shareholder Name	Shares held (shares)	Shareholding ratio	Pledged shares (shares)	Pledged shares as a percentage of holdings	Pledged shares as a percentage of total share capital
Zeng Shengqiang	104,677,171	17.04%	66,550,000	63.58%	10.83%
Xu Zhonggui	10,020,698	1.63%	0	0.00%	0.00%
Zeng Shenghui	18,724,963	3.05%	0	0.00%	0.00%
Xu Zhongci	2,057,984	0.33%	0	0.00%	0.00%
Xuan Yuan Private Equity Fund Investment Management (Guangdong) Co., Ltd. - Xuan Yuan Ke Xin No. 43 Private Securities Investment Fund	10,000,000	1.63%	0	0.00%	0.00%
Zhuhai Abama Private Equity Fund Investment Management Co., Ltd. - Abama Yuanxiang Dividend No. 83 Private Securities Investment Fund	10,000,000	1.63%	0	0.00%	0.00%
Total	155,480,816	25.31%	66,550,000	42.80%	10.83%

Risk Reminder and Company Operations

Zengtong Electronics stated in the announcement that the company’s production and operations are normal, and all work is progressing in an orderly manner. The actual controller and its concerted action partners remain optimistic about the company’s long-term stable development. The pledge risks are controllable, with no freezing or auction situations, and no margin calls risk, which will not lead to a change in the company’s actual control. The company will continue to monitor the pledge situation and fulfill disclosure obligations in a timely manner.

It is understood that Mr. Zeng Shengqiang and Ms. Xu Zhonggui jointly hold 100% of two private equity funds, Xuan Yuan Ke Xin No. 43 and Abama Yuanxiang Dividend No. 83, which together hold 20 million shares, accounting for 3.26% of the total share capital.

Click to view the original announcement >>

Disclaimer: The market carries risks; investments should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.